Bill

Bill > SB103


OR SB103

OR SB103
Relating to requirements to become a certified public accountant.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act modifies the experience and education required to take the CPA exam and to be a CPA. (Flesch Readability Score: 61.6). Modifies experience and education requirements to take the certified public accountant exam- ination and qualify for a certificate of certified public accountant.

AI Summary

This bill modifies the requirements for becoming a Certified Public Accountant (CPA) in Oregon by updating the educational and experience qualifications for obtaining a CPA certificate. Specifically, the bill allows candidates to qualify for a CPA certificate through multiple pathways based on their educational attainment: those with a bachelor's degree can obtain the certificate with two years of experience, those with a master's degree can qualify with one year of experience, and those with a bachelor's degree who have completed at least 150 semester hours of college education can also qualify with one year of experience. The bill requires that all experience must be verified by a licensed and professionally standing CPA, public accountant, or chartered accountant. Additionally, applicants must pass an ethics examination, meet the board's examination requirements, and successfully complete all sections of the CPA exam. The certificate will be valid for two years and require renewal, and the changes will apply to individuals seeking CPA certification on or after the effective date of the act. These modifications aim to provide more flexible pathways to professional certification while maintaining rigorous standards for accounting professionals.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

In committee upon adjournment. (on 06/27/2025)

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